Corporate Headquarters 400 International Way 80,000 SF 96% Leased Office Building Springfield, OR 97477 $19,700,000 ($246.25/SF) 4.81% Cap Rate
INVESTMENT HIGHLIGHTS
- Award Winning Corporate Headquarter Facility - 2009 Best Design Build of Oregon
- Abundant parking on site. Safe environment. Close to McKenzie River trail system.
- Mormon Temple under development next door (Willamette Valley Oregon Temple - Church of Jesus Christ of Latter-day Saints)
- Priced significantly below Reproduction Cost for the quality of construction
- University of Oregon (flagship research university) and Lane Community College.
- Convenient access onto Interstate 5 Freeway
EXECUTIVE SUMMARY
Owner Investment Opportunity. High quality corporate headquarters facility located in "River Bend", the largest master planned business park in Lane County. River Bend is also home to other corporate users including Peace Health Medical Campus, Wayfair, SELCO Community Credit Union Corporate Offices, PacificSource Health Plans. First floor space available for immediate occupancy.
DATA ROOM Click Here to Access
- Market Information
- Third Party Reports
FINANCIAL SUMMARY (PRO FORMA - 2023) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Office
Property Subtype
Building Size
80,000 SF
Building Class
A
Year Built
2009
Price
$19,700,000
Price Per SF
$246.25
Cap Rate
4.81%
NOI
$947,231
Percent Leased
96%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
26,666 SF
Slab To Slab
10’
Building FAR
0.26
Lot Size
7.05 AC
Zoning
CI - Campus Industrial - Springfield OR Jurisdiction
Parking
359 Spaces (4.49 Spaces per 1,000 SF Leased)
AMENITIES
- Atrium
- Bus Line
- Fitness Center
- Security System
- Signage
- Bicycle Storage
- Central Heating
- Recessed Lighting
- Secure Storage
- Wi-Fi
- Monument Signage
- Outdoor Seating
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Fully Open Landscape for maximum workstation operatives. Large Break-room.
Penthouse Office: Reception Area. Conference Room. 5 Private Offices. Copy Room. Overnight Suite / Private Restroom.
Reception counter. Waiting room. Interview Room. 3 Private offices. Copy/Storage Room.with Casework. Open workspace area.
| Space | Size | Space Use | Condition | Available |
| 3rd Fl-Ste 320 | 6,433 SF | Office | Full Build-Out | 30 Days |
| 3rd Fl-Ste 350 | 4,068 SF | Office | Full Build-Out | 30 Days |
| 3rd Fl-Ste 380 | 2,975 SF | Office | Full Build-Out | Now |
3rd Fl-Ste 320
| Size |
| 6,433 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
3rd Fl-Ste 350
| Size |
| 4,068 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
3rd Fl-Ste 380
| Size |
| 2,975 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
PROPERTY TAXES
| Parcel Number | 1518776 | Total Assessment | $13,244,962 |
| Land Assessment | $0 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 | Tax Year | 2023 Payable 2023 |
